In our view, there are ten reasons why the UK will not go down the ‘Greek path’ anytime soon. But the new government must plug in its fiscal black hole if it wishes to retain its debt sustainability and its cherished AAA rating.

In December 2009, the Basel Committee on Banking Supervision made proposals to harmonise the oversight of banks’ liquidity. Are these new requirements even more stringent for the banking sector than the proposals for tighter capital requirements?

The housing market in the Netherlands is gradually recovering from the blow
dealt to it by the credit crisis. The downward trend in transaction numbers now
seems to have been broken, setting the trough at just over 125,000 transactions
on a 12 month basis.

In this study the policy options: defaulting on debt obligations, withdrawing support measure for the banking sector, increasing inflation, boosting GDP growth and introducing austerity measures that governments have at their disposal are discussed.